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Disney Quarterly Revenue Flat and Operating Income Drops 5%, but Company Affirms Bullish Earnings Outlook on Streaming Momentum
Disney's revenue for the September quarter was roughly flat year over year -- coming in short of Wall Street estimates -- and adjusted earnings per share declined 3%. But Disney+ and Hulu subscriber additions were better than expected, and the company says it's still on track to deliver double-digit earnings growth over the next two years.
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